Thursday, June 16, 2011
Greedy developers wait for the next boom in 30 years time
No one can afford these monstrosities. Perhaps the fact that they started at an asking price of 820,000 euros (Â£700,000) each, when auctioneers say they are now worth just 200,000 euros (Â£175,000), is the reason they lie empty. The developer of the estate says he 'missed the market' at its peak by a matter of months.